Lafayette businessman pleads guilty in two separate cases - KALB-TV News Channel 5 & CBS 2

Lafayette businessman pleads guilty in two separate cases

© MGN Online © MGN Online

 LAFAYETTE, La. (KALB News Channel) – A Lafayette man pleads guilty in two separate cases. He has pleaded guilty for conspiracy to distribute a controlled substance analogue and to security fraud. This is according to United States Attorney, Stephanie A. Finley.

 On Friday, July 19, Richard Joseph Buswell, 44 pleaded guilty for conspiracy to distribute a controlled substance analogue.

He could be sentenced up to 20 years in prison. Three years of supervised release, and a one million dollar fine, and restitution. A sentencing date of May 16, 2014 was set.

Buswell also pleaded guilty on Thursday to a securities fraud case in which he orchestrated an investment scheme that the government contends cost clients $8 million.

Buswell faces up to 20 years in prison, three years of supervised release, a $250,000 fine, and restitution for the wire fraud count in this case. The sentencing date in this case has not been set.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Man arrested in connection with Cottonport armed robbery, multiple school lockdowns

    Man arrested in connection with Cottonport armed robbery, multiple school lockdowns

    Friday, August 29 2014 10:50 PM EDT2014-08-30 02:50:42 GMT
    COTTONPORT, La. (KALB News Channel 5) - A Marksville man turns himself in to Cottonport Police following an armed robbery to an individual.More >>
    COTTONPORT, La. (KALB News Channel 5) - A Marksville man turns himself in to Cottonport Police following an armed robbery to an individual.More >>
  • Family of instructor killed by 9-year-old with Uzi speaks

    Family of instructor killed by 9-year-old with Uzi speaks

    Friday, August 29 2014 3:36 PM EDT2014-08-29 19:36:40 GMT
    NEW YORK (CBS News) -- The family of an Arizona shooting range instructor accidentally killed by a 9-year-old girl while he was teaching her to use an Uzi said they feel sorry for the child.More >>
    NEW YORK (CBS News) -- The family of an Arizona shooting range instructor accidentally killed by a 9-year-old girl while he was teaching her to use an Uzi said they feel sorry for the child.More >>
  • Tropical Blog Fri (8/29)

    4 Areas of Interest In The Tropics

    4 Areas of Interest In The Tropics

    Friday, August 29 2014 11:38 AM EDT2014-08-29 15:38:26 GMT
    Friday, August 2910:30amThere is One Tropical Cyclone in the Atlantic Basin.Cristobal (Post-Tropical Cyclone)The Center of Cristobal is last located 545 miles SSW of Halifax, Nova Scotia and is centered at 45.5N 47.1W with Maximum sustained winds of 75mph and a Minimum Central Pressure of 980mb (28.94"). This system is moving NE (055) at 44mph.Watches/Warnings:There are no current watches or warnings associated with this system..Satellite Radar analysis reveals that Cristobal has completed ...More >>
    Friday, August 2910:30amThere is One Tropical Cyclone in the Atlantic Basin.Cristobal (Post-Tropical Cyclone)The Center of Cristobal is last located 545 miles SSW of Halifax, Nova Scotia and is centered at 45.5N 47.1W with Maximum sustained winds of 75mph and a Minimum Central Pressure of 980mb (28.94"). This system is moving NE (055) at 44mph.Watches/Warnings:There are no current watches or warnings associated with this system..Satellite Radar analysis reveals that Cristobal has completed ...More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.